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If the sound does not remember (fourth round) [a] new church the new Church St.. Church St. is a new private Sakuragaoka two Class A high school student. Achievement topping the list of top the National Science contest winners, the champion, first. problem-solving habits of the left hand shore when the chin, not myopia. Church St. is the new black hair. forehead clean, covered eye bangs, the rationale for once, a bit on the short. like Wear light-colored in summer T-shirt shirt fall. were high, thin shoulders from behind looks very good. Church St. is a new work in a coffee shop, from Monday to Thursday. just before exams to stop. I heard pay tuition fees used pad. it was the store owner, Mr. Long a favorite scene. a female customer to get him to do topic, no one approached him directly, and few dare. New Church St. is very quiet. but not because of the humble within and mouth In fact he was just calm and collected, but the premise is you have to and he is very familiar. Lengao otherwise only see a beautiful face. not known how the fact that his line of sight will in fact be abnormal gentle. Church St. is the new boys and their parents live, but the parents work outside the county and set the house, and occasionally come back, so he probably still is living alone and he has brothers and sisters do? new church is different from ordinary people of St. . not to mention he looks outstanding or extraordinary achievement. that the limits are vague, but he truly remarkable place, is sound and if he is willing, you can use voice to people living in the winter to see the lotus summer he voice, can make people believe that there is no true. so strange,shanghai massage, so terrible. then, what? if they know all about the new church, and only so much . that a person, look like large, small to trivial details, and only so much. Yoshizawa very dissatisfied na. should know a lot more more. , more than half a genius response: , line of sight in the face of anger sweeping circle Yoshizawa, a new church to stop his hand, leaned to, put on an expression of infinite curiosity: AB Hill Academy in high school festival invitations. : well, is a real cheapskate! [two] a question and answer alone, aware of the little things are more irrelevant. fractional colors go very far probably can not see a to. Yoshizawa feel down-hearted. to understand those details, what to use it. no weight things, piled more, can not become the heart a grand presence. and the coexistence of the new church a long time a lot of money, he also hanging position in the heart of a mid-air, before and after death are unknown, Yoshizawa not like to bring a new church known as lift. always unwilling. so this ;. Yoshizawa said nothing's going to take part, she is not a child, will not be court ordered a new Fuji where the show and see more than their high school is much more lavish. Gieseking was holding the hands of a bunch of delivery of advertisements. to sell tea, crying, takoyaki, and promote the haunted house, and pushing the no big new. she was going to find a new church, turned the corner and walk the stairs, pause two seconds, and suddenly reflect what excited the ad again read the paper again mm ; Prince out loud. has been the admission. Yoshizawa opened heavy curtain into the performance hall, the stage lights can only be to find space. the stage busy with the Seven Dwarfs. Princess' story, Yoshizawa naturally very clear. which is not the Prince what happened, he simply was last seen, with a kiss to end the play. No wonder her new church would refuse to. definitely feel ashamed. princess into sleep transparent coffin. crying little dwarves. repertory behave then Prince debut. him to wear costumes, beam leg pants, and tall and straight coat, sword, collar with complicated embroidery and lace. a prince, or, new church is there to throw light on the hair straight, flow-like shadow in the feet out from the Department of his hands, feet, shoulders profile, and back, are thin on the ground pulled out exaggerated. Gieseking suddenly wanted laugh, but pull the mouth does not move his face in every cell free outside the control of their own. limbs into the darkness not only feel what the pupil in the glare. glare. dazzling people. lines but only a handful of a few the new church's voice sounds as usual. No, no more feeling than usual. just dryly recite it. Yoshizawa think this is really his style. girl, I can take her do? half of the stage lighting in mm. hand-painted scenery. people walking Prince kneeling on the ground, only to see his hair less than half the film. The tone is bang in their claims, or marry him ah. Yoshizawa laughing rise lofty zenith in the dark was fathomless. there is no moon. Man on the Moon at the moment in front. you have common well-being. Who kissed who then. vaguely distinguish the shape of the chair legs, she rubbed her eyes. princes and princesses. happy to live. more old-fashioned ah, inside that cold, and arrogant callous actor, even the last kiss, like the deal. hh fingers suddenly surrounded by water. and then rub. more sticky cold water so she could not see a chair errands. new church St. plus one. His Royal Highness Prince abruptly. Oh. all what with what. [three] new church in the background to see Yoshizawa expression of some out of control, but will soon calm down. just ask the sentence tube teacher applied for a visit to places ah tone, Ze did not see him changing the plan. ; really did not think you actually turn stage ah. , do not stimulate me as this is not a third? who, people stand together, really like a real prince and princess. Gieseking to step back, find a corner of the side of the wood box and sat down. and the new church after the separation, the few people noticed her. take a long time, and still see the girl talking is the new church, I feel trapped up, Yoshizawa hold over the edge of an idle costumes, pad under his arm dropped into a doze. like a dream to do. vague dream silhouette. I want to share a common well-being. friends outside the school. feed. wake up. Yoshizawa opened his eyes. saw a gorgeous dress of the Prince, stunned a few seconds, like to see it to understand his new church mm pull Yoshizawa: continue to walk, crashed, Yoshizawa mm large pot of red paint down turn in the school uniform skirt. dazzling color rapid penetration. ; This pigment is not like soft drinks, can not simply wash. Yoshizawa also caught the last stop in the hands of the costumes in the dress on. br> Gieseking flush face, do not know what the counter-attack, only hidden behind the new church. clothes to the village girls used to play it, especially simple fabric and cut. Gieseking can only console myself , the clothes fairly normal, if for a colorful, how to take the time to train. such a thought, a little bold to the point, walked side by side with the new church. Prince and country girls. really ugly. But the fact that in the new church side, Yoshizawa always feel that they are humble ordinary people. when she came to understand, not their new church will not understand, but he was far away is difficult to reach, just like the princess and the prince has been eternal happiness, the ordinary village girl on the edge of the story to be forgotten. ! , Academy Festival, the events are beginning to withdraw troops prompting the new church wore that outfit handling the drink boxes, Gieseking nowhere to go, behind him. messy footsteps sometimes sounded from the rear, and gradually disappear. Gieseking could not help but look back, only to see the rush to expand, but after the shadow on the wall. Gieseking to their own suspicious it. new church does not answer, and turned into the storage room, Ji Zegang to go in to see him shaking his head: out. not much to speak will be heard on the stairs was Two Girls, though light, but can not quite understand. switch to open. blink of an eye it's gone. What is the relationship? look frightened, clinging to the door into the storage room on the flash the new hall is the door to pack the box, suddenly a man came in turn, subconsciously block the one hearing the muffled sound his head terrified. hh you ah, but where so many accidents. Yoshizawa raised his eyes, the whole piece shy of shadow under the eye socket and nose were significantly opened the sunset. pull the line of sight does not move move does not open, then pegged wildly in the eyes of the new church, which is the first time so close to her for a long time staring him in the past a strong and strange all disappeared. right close distance, so that each can see it as a crystal-clear. boys laughed softly, head, only a white light on the stage, to indicate the focus of people's attention and that was the final fairy tale, the prince and princess symbol of happiness, he Yingchu hands Pengguo her face. close. a clear and distant actions. contacts between the atmosphere abruptly freezing down. heart was in that moment as if wrapped in amber resin. quiet pause, infinity. some things. , a slight force, evening colors are boxy frame to cut on the wall. bright red solidified into a ball of luxury. is too narrow. stenosis was breathing disorder, so that almost can not fathom this gentle kiss. as feather-like Qingzhuo unlimited gently cover up. air crushing sound of a sudden the whole piece of the entire felled Yang Kai. lit by the sun now flutter in the dust around the pupil, as if with wings. something convoluted Shenpan, gently filled his consciousness. Yoshizawa think it is a new church. she did not know,shanghai escort, and already know the new Church St., but have no relationship. [five] Yoshizawa understand what is different. She's weak on what is conclusive evidence to push their advance. hearts of those always repeated to determine the swing, that did not say, did not do, they will gradually disappear and she and the new church may never Confessions will be open to each other, so their narrow-minded place in which self-defeating. mm want to know him more. but do not know want to know what, while the truth is, she just would like to acknowledge him, and he certainly wanted their own. those wavefront flow, radiant, gentle sail, storms hit, a variety of reasons, she wants to find the shadow of the two together. replaced before leaving to the new church clothes. Gieseking and other in-school Scattered around the front. face while hot burst of cool, like a little crazy until three girls near the front, she could react, Leng Leng thought it was blocking their path, sideways want to open one of them is She stepped forward to ask such question: Princess is the girl played it. and other friends. You think that the school how many people who do not believe that the new church and a pair of the most?! school life is indeed ignorant, unable to face a series of problems, but, but mm What are kind of in the past, the future vision of hh but how. also understand that. turned away. to see the new church at one meter away, can not see facial expressions, standing did not move. he heard his voice just right. heard of. take to protect themselves by not becoming the next person he implicated hang like. , the other party has already left. into the new church before, he said: hear, oh? ? understand that until the new church began again, film it? > a small otter, he found himself gradually develop a habit of her interesting observation. The girls are and their opposite. seems simple carved. admit defeat. Some one hot Gengzhi. but my mind was full of girls trivial idea. that he knew Gieseking and he also knew that, short for tall, with soft chestnut hair, similar excellent results with their own, but all hands accidentally. dark brown pupil, eyelashes are not very close long, the eyes and nose have a lovely arc. easy to cry. regardless of test failures or ill family members. the standard of the girls too. and he does not know is the past, mm She stood a few steps away, the body short form has not flinch, emphatic: directed at the direction of the chicken-like, went to a place unknown fly. like. are dating the person. own what. own ah. That dandelion from the summer rain from, or from the rain-covered cities, he heard the sounds of her. the usual caliber. like gentle smile, it Wuzui occasionally forget that there gentle thing, relax on the face, sometimes literally tip is called. also very people can not stand, but the first time he knew her voice in the original mm can have some kind of magic. that made her look like a real princess-like moving. Yung-chi Li Ao, calm temperament, lips and teeth are clear. And her voice, clean and straightforward, saying To gentle all-devouring past. gentle like the past. like the gentle voice of the past. Prince may not own. 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Yoshizawa stop at the bottom level. imagine his casual look. deadpan. shoulder always inadvertently open each through a dome light, the hair becomes the ambiguous dark. What will be draped over the armrest. slender fingers. twenty? nineteen? eighteen? close with, close to the hh ; ah? ; hh ; A Saint. The only difference is that casual expression of the complex into a stagnate. in the eye with her, standing a few steps outside, and then it came near. . very nice name, the eye.
may be able to win a chip. even the coffee shop of the new church Oda cats like more than their own. That was only the male cat ah. everything better than him. Gieseking has long put up with a stomach gas. even become a couple, can not relax regard him as the opponent's nerves. So, where to go next, and which the opponent. Yoshizawa contemplating. What amusement park, roller coaster will not sit and vomiting, too ashamed. bookshop? kidding. While thinking, along side the new church in a crossroad, he stopped: . is the relationship between weather do. It sounded a lot cooler, a film, he's looked to cut into thin air, floating up and flying. shrine built in the uphill end of the forest. deliberately chose a secluded place, but in the New Year's Day New Year's yet to come, some desolate. and Wood Road, on both sides of tall straight trees, already autumn, but did not see the leaves yellow. After a violent wind, after Torii. voice whispering to pass to the distance, catch ups and downs like tidal waves constantly. not realistic in the blink of an eye is magnified to a strong, open and crowded in between the infinite awe-inspiring. how it came here. new church like to know their own questions, Wu to speak: . Taiwan may be a wash, that dirty water is not on you, the next person but also how l net r? water is always clean. blessing. clap twice. clap wish. say what? Gieseking suddenly speechless. desire too much. the past is always, ;. two, clarity,4. has been the development of private enterprise in 1027, gods must remember. can now suddenly more personal side. related to his desire to say a few words is not clear. bless him, peace and happiness enough. himself and he does. a long long time ? a bit embarrassed. Do not incidentally, to seek a and A St. This boy is standing beside the new church St. black hair. looks good. Oh, do not mistaken. after Yoshizawa asked either to go to find a new church sign, new hall shook his head, pondering girls the , Knocked a white paper lanterns. at the straight through. around as the gradual cooling of the candied fruit, condensed out of the solid shell. Gieseking can hear the voice of countless people move, they clap twice, his hands clasped together. prayed test well, job promotion, survived serious illness, love complete the interview successfully hh numerous voice in this, there is a mm point, being on duty Ono cafe to see the new church, and some surprise: the cat go. all the way to go outside, Oda squatted on the roof, beheld the new church, the three-step jump down. first licked his fingers, then began to eat. is also a sticky guy. I remember only male cat, more up his words, and some unusual, new church stood back to the store, ran Oda has followed, or the habit of rubbing the legs, while rushing to meet their own barking. so the cat animal in nature, so after he left it will feel uncomfortable. mention she does. may be honest and tell her, she fell asleep the moment, really want to kiss her. may be honest and tell her, listen to some real soil, but the shouting numerous it anyway. may be honest and tell her in advance to the shrine every year, because do not want tension. lively crowd and their endless desire, will only make things too too tight, because no one would like their own, as if out of a sound, most of the wish will be realized. sound can be fabricated in the fact that almost no restrictions that limit and not only that room. personality, but is helpless silence. In the heart, can not say, one that export, if the use of the power of sound, there certainly can not be recovered. not pray for God pray for their own. have strange power of weakness of their own. He resigned when the mouth is opened more open too big.
China Ocean, Shenzhen Nanshan Power A, Eastern Airlines, Jiangxi Copper, etc. have been grounded; TBEA, Lutai A and Shanghai Zhenhua Port Machinery immune financial weekly newspaper reporter Wu Fei / text there is no truth. The transaction, which and how many will be the next The person with investment research. Even now, he remembers China Railway Group (601390 Quotes, Love shares, the main trends) (601390.SH) and China Railway Construction (601186 Quotes, Love shares, the main trends) (601186.SH ) circumstances at the time, company, no one knows the whole picture of derivatives investment. person in charge of foreign investment in the company said in an interview. 27 companies involved in foreign exchange derivatives So far, no one knows in the end how many listed companies involved in derivatives trading, and no one knows in the end the number listed Trading in derivatives has caused huge losses, but the case has hit the market one by one after another, while this one, the foreign exchange derivatives trading is a very important part. 10 22, China Railway and China Railway Construction in both the lower limit is still poignant striking. the market value of more than 100 billion the two companies, the more determined because of the future growth of the railway infrastructure industry, became heavily loaded with the necessary funds, but because one of two listed companies to invest in foreign exchange derivatives losses suffered rumors of abandoned bodies and lead to the lower limit. next day, the two companies had announced interpretation of China Railway said the first half of the holders of $ 1.5 billion high-yield foreign currency structure of deposit, and has expired on September 30, but the company did not disclose data related to foreign exchange gains and losses. In addition, September 30, 2008, China Railway Group H shares (00390.HK) to raise funds in addition to 907 million yuan has been used outside , equivalent to 17.238 billion yuan the balance kept on account at the Bank of China to raise funds, H-shares to raise funds for the remaining net profit or loss equivalent to loss of 1.939 billion yuan. China Railway Construction said, there is the equivalent of 18.887 billion yuan for foreign currency deposits , Australian dollar, valued 1.538 billion yuan of deposits, from July to September the company exchange losses reached 320 million yuan. normal, but the market in the absence of a clear confirmation is only one way to escape, CITIC Pacific was very obvious example. Group, a Hong Kong listed company, as an Australian managers in improper operation of derivative transactions, the company is facing losses of more than 100 billion Hong Kong dollars. In fact, just as China Railway in U.S. high-yield structural deposits, CITIC Pacific Australian derivative transactions involving domestic listed companies involved in foreign investments in derivatives are not uncommon. Capital Corporation on October 27 release of weekly once on the A shares, B shares, H shares in all the owned listed companies, foreign exchange and financial derivatives exposure conducted a survey, which showed the existence of which there are 93 foreign exchange exposure, there were 27 holders of foreign exchange derivatives assets. the 27 listed companies mainly in the petrochemical , real estate, ports and ocean shipping, paper, non-ferrous metals industries, including China Southern Airlines (600029 Quotes, Love shares, the main trends) (600029.SH), Lutai A (000726 Quotes, Love shares, the main trends) (000726.SZ), China Shipping Container Lines (601866 Quotes, Love shares, the main trends) (601866.SH), Sany Heavy Industry (600031 Quotes, Love shares, the main trends) (600031.SH) and Shanghai Zhenhua Port Machinery (600320 market , love stocks, the main trends) (600320.SH), etc.. Obviously, most companies because of business needs will be involved in such transactions. to class shipping company, for example, China Shipping Development (600,026 market, shares love , the main trends) (600026.SH),shanghai escort, Merchants ships (601,872 market, shares love, the main trends) (601872.SH), COSCO Shipping (600428 Quotes, Love shares, the main trends) (600428.SH) are involved as of June 30, China Shipping Development dollars in cash and deposits held by approximately $ 44 million foreign exchange loss 41 million yuan; investment ships hold dollar deposits $ 680 million; COSCO Shipping is $ 74 million holders of dollar deposits, foreign currency exchange losses generated by the assets about 90 million yuan, foreign exchange gains resulting liabilities of approximately 50 million yuan, total foreign exchange loss of nearly 40 million yuan. do, the key is how to do. the amount of foreign exchange derivatives is not much, for this, the aforementioned investment fund research company said, balance sheet may not be fully reflected in everything until the Annual Report to find out the specific situation. commodity trading on derivatives is endless. In fact, in the A-share market, commodity derivatives investment losses more serious than a lot of foreign exchange class. recent crisis in China Ocean (601 919. SH) .12 16 The China Ocean announced that the company's pre-owned dry bulk buy a certain number of forward freight agreements (FFA), due to the recent dramatic changes in the market, freight rates fell sharply, FFA generate floating loss while as of September 30, the loss has reached 3.95 billion yuan. FFA buyers and sellers to reach a long-term freight agreement,from this results, the agreement provides for specific routes, price, quantity, etc., the two sides agreed at a future point in time , receive or pay the price based on the BDI and the difference between the contract price of freight from the essence, it is a freight risk management tools, similar to futures. COSCO bullish freight in the future, the capacity is expected to see under tight lock some of the operators of the charter business rental costs in order to achieve hedge. the previous two years, China Ocean trade has always been plain sailing. According to the 2007 Annual Report, 2007, COSCO FFA fair value in profit or loss of 13.5 billion yuan, 2006 substantial annual increase of 10.5 billion yuan, part of the year has been the delivery gains 1.154 billion yuan, compared with 2006 increased by 9.9 billion of investment income that has been extended to the first half. 12 16 January announcement clearly to China Ocean fall into an awkward position, because the second half of the loss of more than two years before hedging gains. ocean before in China, Shenzhen Nanshan Power A and several airlines in the original option on the experience even more shocking. Shenzhen Nanshan Power October 21 announcement that the company on March 12 this year with the United States wholly owned subsidiary of Goldman Sachs Group Co., Ltd. Jie Yun (Singapore) Private companies had entered into options contracts, this contract is divided into two In 2008 March 3 to December 31 of the confirmation, when the two sides provides a floating price higher than the $ 63.5 / barrel, Shenzhen Nanshan Power will receive $ 300,000 in monthly revenue; when the floating price is lower than 63.5 U.S. dollars / barrel and above $ 62 / barrel, Shennan power available per month (floating price -62 $ / bbl)? 0 barrels of income; and when the float price of less than 62 U.S. dollars / barrel, Shenzhen Nanshan Power need to run a monthly paid and outstanding ($ 62 / barrel - floating price)? 0 barrels equivalent in U.S. dollars. The second period is from January 1 next year to October 31, 2010, and gives a rival Fangjie Run's priority in this contract, the benchmark oil price increase over the first three U.S. dollars / barrel. Obviously, oil prices fell in the gambling Jie Yun, Shenzhen Nanshan Power up in gambling, In March, after a long period of time, Shenzhen Nanshan Power has been making money .10 In late May, the New York Mercantile Exchange, light sweet crude for December delivery futures prices had fallen, and below 62 U.S. dollars, Shenzhen Nanshan Power began to face huge losses now that they have suspended trading, but for breach of contract Shennan power and how to compensate, the two sides are still being worked. maximization as the goal, not risk minimization. Shennan power did not need more oil, they are more like to win the benefits. Deputy General Manager erhu want to know both sides to discuss the latest results, but no one answered the phone has been in the state. to fly international flights, it is impossible to evade responsibility. . SH) announced: hedging contracts not currently have any actual cash losses. China Eastern Airlines signed a contract portfolio of options, including three kinds of option trading: buying calls that China Eastern Airlines agreed to a relatively high price, the time required in the future to buy from the counterparty quantitative oil, the right line on the right to choose when the Eastern whether to buy, and the opponent must accept; sell the put option, that China Eastern Airlines to lower the agreed price, the time required in the future to buy from the counterparty quantitative oil, but when the right line on the counterparty the right to choose whether to sell the oil, China Eastern Airlines must accept; sell a call option, that China Eastern Airlines agreed to a higher price, the time required in the future to quantify the counterparty to sell the oil, right on the line when the counterparty has the power to choose whether to buy oil, China Eastern Airlines must accept. Obviously,beijing massage, this is largely to prevent the excessive rise in fuel prices, Air China (601 111 Quotes, Love shares, the main trends) (601111.SH) is also true, but this strategy as oil prices fall begin to lose the two companies have a huge loss. Orient Securities analyst Zhang Qi expressed, higher oil prices in July, made a set period of time, China Southern Airlines did not do, so Southern successful, but essentially want to hedge. costs, so if oil prices fell sharply, you can not do right, but lose some royalties, so selling a call option or put option is sold,beijing escort, there is a certain speculative. call option, but can receive the money put options, call options so small airlines, sold more, so it is more dangerous. the disaster area. Jiangxi Copper (600362 Quotes, Love shares, the main trends) (600362.SH) may be cause for concern. The company has the following three quarterly statements, million, mainly due to the end of futures margin increase. of 170 million yuan. Obviously, Jiangxi Copper in copper futures on the likely loss of the investment is not small, which means that Jiangxi Copper is likely to do much in the same time, Jiang's Rui copper futures, since Since September copper contract has been held in the huge long positions. this is the seat of Jiangxi Copper, the future remains to be more disclosure of information. addition, Bao Sheng shares (600,973 market, shares love, the main trends ) (600973.SH) above, there are also copper hedging the company because , love stocks, the main trends) (601899.SH), Shandong Gold (600547 Quotes, Love shares, the main trends) (600547.SH) and other companies are also present in the gold futures positions. raised above the South, told the financial weekly correspondent institution, Shandong Gold in November, there is a transaction behavior, but the financial weekly newspaper reporter made several phone calls Shandong Gold, because phone can not get through and can not get confirmation. rare winner Clearly, in the derivatives market , a number of listed companies,shanghai massage, losers, winners rarely. financial weekly newspaper reporter after careful consultation still find a few typical cases. well-known private sun TBEA (600089 Quotes, Love shares, the main trends) (600089.SH) and Lutai A, hedging are doing well. TBEA main job of the copper futures hedging, financial weekly newspaper reporter called TBEA Investor Relations want to know the specific circumstances, but the investor relations people to likely to buy the high point in hedging losses after the crash, the lesson is likely to help companies avoid the risk of the stock market this year. Lutai A year's foreign exchange hedging is done quite well. A Finance Ministry said Lutai Zhang said, yuan the following, we will make money and this situation will last until June and July next year. follow-up, and we have done some, but not many, not every situation is good, if you maintain a stable yuan next year, next year should be able to be positive or negative offset, no large-scale losses. internal statistics, in order to count how many profitable, more difficult. According to 2009 estimates the company has signed contracts and contracts (about 50 billion U.S. dollars), to take foreign exchange hedging, forward lock $ 1.987 billion RMB, the average exchange rate of 6.96; lock forward of RMB 600 million euros, the average exchange rate of 9.95 Through this, access to benefit 517 million yuan foreign exchange forward premium, if all goes well, the company will receive in March and April 2009, this 517 million yuan in cash, analysts believe that the thickening of the sum of earnings per share in 2009 income 0.104 yuan.
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If the sound does not remember (fourth round)
[a]
new church the new Church St..
Church St. is a new private Sakuragaoka two Class A high school student. Achievement topping the list of top the National Science contest winners, the champion, first. problem-solving habits of the left hand shore when the chin, not myopia.
Church St. is the new black hair. forehead clean, covered eye bangs, the rationale for once, a bit on the short. like Wear light-colored in summer T-shirt shirt fall. were high, thin shoulders from behind looks very good.
Church St. is a new work in a coffee shop, from Monday to Thursday. just before exams to stop. I heard pay tuition fees used pad. it was the store owner, Mr. Long a favorite scene. a female customer to get him to do topic, no one approached him directly, and few dare.
New Church St. is very quiet. but not because of the humble within and mouth In fact he was just calm and collected, but the premise is you have to and he is very familiar. Lengao otherwise only see a beautiful face.
not known how the fact that his line of sight will in fact be abnormal gentle.
Church St. is the new boys and their parents live, but the parents work outside the county and set the house, and occasionally come back, so he probably still is living alone and he has brothers and sisters do?
new church is different from ordinary people of St. . not to mention he looks outstanding or extraordinary achievement. that the limits are vague, but he truly remarkable place, is sound and if he is willing, you can use voice to people living in the winter to see the lotus summer he voice, can make people believe that there is no true.
so strange,shanghai massage, so terrible.
then, what?
if they know all about the new church, and only so much . that a person, look like large, small to trivial details, and only so much. Yoshizawa very dissatisfied na. should know a lot more more.
, more than half a genius response: , line of sight in the face of anger sweeping circle Yoshizawa, a new church to stop his hand, leaned to, put on an expression of infinite curiosity: AB Hill Academy in high school festival invitations. : well, is a real cheapskate!
[two]
a question and answer alone, aware of the little things are more irrelevant. fractional colors go very far probably can not see a to. Yoshizawa feel down-hearted. to understand those details, what to use it. no weight things, piled more, can not become the heart a grand presence. and the coexistence of the new church a long time a lot of money, he also hanging position in the heart of a mid-air, before and after death are unknown, Yoshizawa not like to bring a new church known as lift. always unwilling.
so this ;. Yoshizawa said nothing's going to take part, she is not a child, will not be court ordered a new Fuji where the show and see more than their high school is much more lavish. Gieseking was holding the hands of a bunch of delivery of advertisements. to sell tea, crying, takoyaki, and promote the haunted house, and pushing the no big new. she was going to find a new church, turned the corner and walk the stairs, pause two seconds, and suddenly reflect what excited the ad again read the paper again mm
; Prince out loud.
has been the admission. Yoshizawa opened heavy curtain into the performance hall, the stage lights can only be to find space. the stage busy with the Seven Dwarfs. Princess' story, Yoshizawa naturally very clear. which is not the Prince what happened, he simply was last seen, with a kiss to end the play. No wonder her new church would refuse to. definitely feel ashamed.
princess into sleep transparent coffin. crying little dwarves. repertory behave then Prince debut.
him to wear costumes, beam leg pants, and tall and straight coat, sword, collar with complicated embroidery and lace. a prince, or, new church is there to throw light on the hair straight, flow-like shadow in the feet out from the Department of his hands, feet, shoulders profile, and back, are thin on the ground pulled out exaggerated. Gieseking suddenly wanted laugh, but pull the mouth does not move his face in every cell free outside the control of their own. limbs into the darkness not only feel what the pupil in the glare.
glare. dazzling people.
lines but only a handful of a few the new church's voice sounds as usual. No, no more feeling than usual. just dryly recite it. Yoshizawa think this is really his style.
girl, I can take her do? half of the stage lighting in mm. hand-painted scenery. people walking Prince kneeling on the ground, only to see his hair less than half the film.
The tone is bang in their claims, or marry him ah. Yoshizawa laughing rise lofty zenith in the dark was fathomless. there is no moon. Man on the Moon at the moment in front.
you have common well-being. Who kissed who then.
vaguely distinguish the shape of the chair legs, she rubbed her eyes. princes and princesses. happy to live. more old-fashioned ah, inside that cold, and arrogant callous actor, even the last kiss, like the deal. hh fingers suddenly surrounded by water. and then rub. more sticky cold water so she could not see a chair errands.
new church St. plus one. His Royal Highness Prince abruptly. Oh. all what with what.
[three]
new church in the background to see Yoshizawa expression of some out of control, but will soon calm down. just ask the sentence tube teacher applied for a visit to places ah tone, Ze did not see him changing the plan.
; really did not think you actually turn stage ah. , do not stimulate me as this is not a third? who, people stand together, really like a real prince and princess.
Gieseking to step back, find a corner of the side of the wood box and sat down. and the new church after the separation, the few people noticed her. take a long time, and still see the girl talking is the new church, I feel trapped up, Yoshizawa hold over the edge of an idle costumes, pad under his arm dropped into a doze. like a dream to do. vague dream silhouette.
I want to share a common well-being.
friends outside the school.
feed. wake up.
Yoshizawa opened his eyes. saw a gorgeous dress of the Prince, stunned a few seconds, like to see it to understand his new church mm pull Yoshizawa: continue to walk, crashed, Yoshizawa mm large pot of red paint down turn in the school uniform skirt. dazzling color rapid penetration.
; This pigment is not like soft drinks, can not simply wash. Yoshizawa also caught the last stop in the hands of the costumes in the dress on.
br> Gieseking flush face, do not know what the counter-attack, only hidden behind the new church. clothes to the village girls used to play it, especially simple fabric and cut. Gieseking can only console myself , the clothes fairly normal, if for a colorful, how to take the time to train. such a thought, a little bold to the point, walked side by side with the new church.
Prince and country girls. really ugly. But the fact that in the new church side, Yoshizawa always feel that they are humble ordinary people. when she came to understand, not their new church will not understand, but he was far away is difficult to reach, just like the princess and the prince has been eternal happiness, the ordinary village girl on the edge of the story to be forgotten.
! , Academy Festival, the events are beginning to withdraw troops prompting the new church wore that outfit handling the drink boxes, Gieseking nowhere to go, behind him. messy footsteps sometimes sounded from the rear, and gradually disappear. Gieseking could not help but look back, only to see the rush to expand, but after the shadow on the wall.
Gieseking to their own suspicious it.
new church does not answer, and turned into the storage room, Ji Zegang to go in to see him shaking his head: out. not much to speak will be heard on the stairs was Two Girls, though light, but can not quite understand.
switch to open. blink of an eye it's gone. What is the relationship? look frightened, clinging to the door into the storage room on the flash the new hall is the door to pack the box, suddenly a man came in turn, subconsciously block the one hearing the muffled sound his head terrified.
hh you ah, but where so many accidents. Yoshizawa raised his eyes, the whole piece shy of shadow under the eye socket and nose were significantly opened the sunset. pull the line of sight does not move move does not open, then pegged wildly in the eyes of the new church, which is the first time so close to her for a long time staring him in the past a strong and strange all disappeared. right close distance, so that each can see it as a crystal-clear.
boys laughed softly, head, only a white light on the stage, to indicate the focus of people's attention and that was the final fairy tale, the prince and princess symbol of happiness, he Yingchu hands Pengguo her face. close. a clear and distant actions. contacts between the atmosphere abruptly freezing down. heart was in that moment as if wrapped in amber resin. quiet pause, infinity.
some things. , a slight force, evening colors are boxy frame to cut on the wall. bright red solidified into a ball of luxury. is too narrow. stenosis was breathing disorder, so that almost can not fathom this gentle kiss.
as feather-like Qingzhuo unlimited gently cover up.
air crushing sound of a sudden the whole piece of the entire felled Yang Kai. lit by the sun now flutter in the dust around the pupil, as if with wings. something convoluted Shenpan, gently filled his consciousness. Yoshizawa think it is a new church.
she did not know,shanghai escort, and already know the new Church St., but have no relationship.
[five]
Yoshizawa understand what is different. She's weak on what is conclusive evidence to push their advance. hearts of those always repeated to determine the swing, that did not say, did not do, they will gradually disappear and she and the new church may never Confessions will be open to each other, so their narrow-minded place in which self-defeating.
mm want to know him more. but do not know want to know what, while the truth is, she just would like to acknowledge him, and he certainly wanted their own. those wavefront flow, radiant, gentle sail, storms hit, a variety of reasons, she wants to find the shadow of the two together.
replaced before leaving to the new church clothes. Gieseking and other in-school Scattered around the front. face while hot burst of cool, like a little crazy until three girls near the front, she could react, Leng Leng thought it was blocking their path, sideways want to open one of them is She stepped forward to ask such question: Princess is the girl played it.
and other friends.
You think that the school how many people who do not believe that the new church and a pair of the most?! school life is indeed ignorant, unable to face a series of problems, but, but mm
What are kind of in the past, the future vision of hh but how. also understand that. turned away. to see the new church at one meter away, can not see facial expressions, standing did not move.
he heard his voice just right. heard of.
take to protect themselves by not becoming the next person he implicated hang like. , the other party has already left. into the new church before, he said: hear, oh? ? understand that until the new church began again, film it? > a small otter, he found himself gradually develop a habit of her interesting observation. The girls are and their opposite. seems simple carved. admit defeat. Some one hot Gengzhi. but my mind was full of girls trivial idea.
that he knew Gieseking and he also knew that, short for tall, with soft chestnut hair, similar excellent results with their own, but all hands accidentally. dark brown pupil, eyelashes are not very close long, the eyes and nose have a lovely arc. easy to cry. regardless of test failures or ill family members. the standard of the girls too.
and he does not know is the past, mm She stood a few steps away, the body short form has not flinch, emphatic: directed at the direction of the chicken-like, went to a place unknown fly.
like. are dating the person.
own what.
own ah.
That dandelion from the summer rain from, or from the rain-covered cities, he heard the sounds of her. the usual caliber. like gentle smile, it Wuzui occasionally forget that there gentle thing, relax on the face, sometimes literally tip is called. also very people can not stand, but the first time he knew her voice in the original mm can have some kind of magic. that made her look like a real princess-like moving. Yung-chi Li Ao, calm temperament, lips and teeth are clear. And her voice, clean and straightforward, saying To gentle all-devouring past.
gentle like the past.
like the gentle voice of the past.
Prince may not own. Princess, but is that really her. thought here, it seems too deep, some nauseating and stupid. ordered his new church to stop to go. stopped, only to find trembling fingers nervously been the new church went into the kitchen to soak a cup of tea, clenched. back to the room, wondering forward to tomorrow to find excuses to skip class, suddenly heard the doorbell. ten at night, and he wondered who would come to visit, look out through the cat's eye, the moment tightened facial contours.
stop ringing after the last long a few seconds,beijing escort, it seems that patience has a good ring to the new church this put down the cup. Hold the door. stagnated after a moment. unscrew.
in the dimly lit corridor. still coming into the room like vines intended the new church in front slight bow in front of people.
up and walked a long way, but did not change the number of absolute distance. Yoshizawa run fast two-step, look back to the new church, he had hidden in the bottom of the stairs. handrails are hollow brass. Yoshizawa hard knock or two. too He felt like a moment of the signal response. awkwardly after changing a few positions, or uncomfortable. her new church by the restless. practice to hold up his chin. movie starts when the light suddenly gathered, made him look a little strange.
movie did not have a choice. put Which field is the field which results to a rather dull and other literary pieces. Yoshizawa see half of the cold and sleepy, looked to one side glance at the new church, he has been staring at the screen does not switch to open.
Frankenstein. Yoshizawa see He looked like a serious looking through the eyes. to imitate his movements. hands, but not long enough to shore up the chin, back you have to bend enough arc, Gieseking only bitterly to give up. blankly back to the screen, like Before disconnecting the story and then barely pick up.
I do not know how long the new church was right shoulder sank. reflexively turned to see, but it is Puff's head by a hair over.
is the girl asleep in fell asleep. carefully made incense. flowers. or some fruit. did not see her face, but coming from the shoulder Shen, knowing she slept unprepared.
this movie so boring What the new church but to laugh. want to help her reach a more comfortable position, finger rubs Gieseking's breath. sudden heat straight into some freezing cold fingertips. contrasting. hh new church Nueliao Nue shoulder. Kat Ze was drowsily woke up:
br> Oh, like the private use two! with when you kissed me? flush.
. br> . two movies. sing karaoke OK. shopping, eating dessert. not forget to summarize a ;.
out of the theater, Yoshizawa finally ran off from the frozen Italy, excitedly dash along the stairs all the way down. back to the new church had disappeared in the spiral at the top.
. ;
sight,beijing massage, a new church to go down step by step. Yoshizawa stop at the bottom level. imagine his casual look. deadpan. shoulder always inadvertently open each through a dome light, the hair becomes the ambiguous dark. What will be draped over the armrest. slender fingers. twenty? nineteen? eighteen? close with, close to the hh
; ah? ; hh ; A Saint. The only difference is that casual expression of the complex into a stagnate. in the eye with her, standing a few steps outside, and then it came near.
. very nice name, the eye.
may be able to win a chip. even the coffee shop of the new church Oda cats like more than their own. That was only the male cat ah. everything better than him. Gieseking has long put up with a stomach gas. even become a couple, can not relax regard him as the opponent's nerves.
So, where to go next, and which the opponent. Yoshizawa contemplating. What amusement park, roller coaster will not sit and vomiting, too ashamed. bookshop? kidding. While thinking, along side the new church in a crossroad, he stopped:
. is the relationship between weather do. It sounded a lot cooler, a film, he's looked to cut into thin air, floating up and flying.
shrine built in the uphill end of the forest. deliberately chose a secluded place, but in the New Year's Day New Year's yet to come, some desolate. and Wood Road, on both sides of tall straight trees, already autumn, but did not see the leaves yellow. After a violent wind, after Torii. voice whispering to pass to the distance, catch ups and downs like tidal waves constantly. not realistic in the blink of an eye is magnified to a strong, open and crowded in between the infinite awe-inspiring.
how it came here.
new church like to know their own questions, Wu to speak: . Taiwan may be a wash, that dirty water is not on you, the next person but also how l net r? water is always clean.
blessing. clap twice. clap wish. say what? Gieseking suddenly speechless.
desire too much. the past is always, ;. two, clarity,4. has been the development of private enterprise in 1027, gods must remember. can now suddenly more personal side. related to his desire to say a few words is not clear. bless him, peace and happiness enough. himself and he does. a long long time ? a bit embarrassed. Do not incidentally, to seek a and A St. This boy is standing beside the new church St. black hair. looks good. Oh, do not mistaken.
after Yoshizawa asked either to go to find a new church sign, new hall shook his head, pondering girls the , Knocked a white paper lanterns.
at the straight through. around as the gradual cooling of the candied fruit, condensed out of the solid shell. Gieseking can hear the voice of countless people move, they clap twice, his hands clasped together. prayed test well, job promotion, survived serious illness, love complete the interview successfully hh numerous voice in this, there is a mm
point, being on duty Ono cafe to see the new church, and some surprise: the cat go. all the way to go outside, Oda squatted on the roof, beheld the new church, the three-step jump down.
first licked his fingers, then began to eat.
is also a sticky guy.
I remember only male cat, more up his words, and some unusual, new church stood back to the store, ran Oda has followed, or the habit of rubbing the legs, while rushing to meet their own barking. so the cat animal in nature, so after he left it will feel uncomfortable.
mention she does.
may be honest and tell her, she fell asleep the moment, really want to kiss her.
may be honest and tell her, listen to some real soil, but the shouting numerous it anyway.
may be honest and tell her in advance to the shrine every year, because do not want tension.
lively crowd and their endless desire, will only make things too too tight, because no one would like their own, as if out of a sound, most of the wish will be realized. sound can be fabricated in the fact that almost no restrictions that limit and not only that room. personality, but is helpless silence. In the heart, can not say, one that export, if the use of the power of sound, there certainly can not be recovered.
not pray for God pray for their own.
have strange power of weakness of their own.
He resigned when the mouth is opened more open too big.
China Ocean, Shenzhen Nanshan Power A, Eastern Airlines, Jiangxi Copper, etc. have been grounded; TBEA, Lutai A and Shanghai Zhenhua Port Machinery immune
financial weekly newspaper reporter Wu Fei / text
there is no truth. The transaction, which and how many will be the next The person with investment research. Even now, he remembers China Railway Group (601390 Quotes, Love shares, the main trends) (601390.SH) and China Railway Construction (601186 Quotes, Love shares, the main trends) (601186.SH ) circumstances at the time, company, no one knows the whole picture of derivatives investment. person in charge of foreign investment in the company said in an interview.
27 companies involved in foreign exchange derivatives
So far, no one knows in the end how many listed companies involved in derivatives trading, and no one knows in the end the number listed Trading in derivatives has caused huge losses, but the case has hit the market one by one after another, while this one, the foreign exchange derivatives trading is a very important part.
10 22, China Railway and China Railway Construction in both the lower limit is still poignant striking. the market value of more than 100 billion the two companies, the more determined because of the future growth of the railway infrastructure industry, became heavily loaded with the necessary funds, but because one of two listed companies to invest in foreign exchange derivatives losses suffered rumors of abandoned bodies and lead to the lower limit.
next day, the two companies had announced interpretation of China Railway said the first half of the holders of $ 1.5 billion high-yield foreign currency structure of deposit, and has expired on September 30, but the company did not disclose data related to foreign exchange gains and losses. In addition, September 30, 2008, China Railway Group H shares (00390.HK) to raise funds in addition to 907 million yuan has been used outside , equivalent to 17.238 billion yuan the balance kept on account at the Bank of China to raise funds, H-shares to raise funds for the remaining net profit or loss equivalent to loss of 1.939 billion yuan.
China Railway Construction said, there is the equivalent of 18.887 billion yuan for foreign currency deposits , Australian dollar, valued 1.538 billion yuan of deposits, from July to September the company exchange losses reached 320 million yuan.
normal, but the market in the absence of a clear confirmation is only one way to escape, CITIC Pacific was very obvious example. Group, a Hong Kong listed company, as an Australian managers in improper operation of derivative transactions, the company is facing losses of more than 100 billion Hong Kong dollars.
In fact, just as China Railway in U.S. high-yield structural deposits, CITIC Pacific Australian derivative transactions involving domestic listed companies involved in foreign investments in derivatives are not uncommon.
Capital Corporation on October 27 release of weekly once on the A shares, B shares, H shares in all the owned listed companies, foreign exchange and financial derivatives exposure conducted a survey, which showed the existence of which there are 93 foreign exchange exposure, there were 27 holders of foreign exchange derivatives assets.
the 27 listed companies mainly in the petrochemical , real estate, ports and ocean shipping, paper, non-ferrous metals industries, including China Southern Airlines (600029 Quotes, Love shares, the main trends) (600029.SH), Lutai A (000726 Quotes, Love shares, the main trends) (000726.SZ), China Shipping Container Lines (601866 Quotes, Love shares, the main trends) (601866.SH), Sany Heavy Industry (600031 Quotes, Love shares, the main trends) (600031.SH) and Shanghai Zhenhua Port Machinery (600320 market , love stocks, the main trends) (600320.SH), etc..
Obviously, most companies because of business needs will be involved in such transactions. to class shipping company, for example, China Shipping Development (600,026 market, shares love , the main trends) (600026.SH),shanghai escort, Merchants ships (601,872 market, shares love, the main trends) (601872.SH), COSCO Shipping (600428 Quotes, Love shares, the main trends) (600428.SH) are involved as of June 30, China Shipping Development dollars in cash and deposits held by approximately $ 44 million foreign exchange loss 41 million yuan; investment ships hold dollar deposits $ 680 million; COSCO Shipping is $ 74 million holders of dollar deposits, foreign currency exchange losses generated by the assets about 90 million yuan, foreign exchange gains resulting liabilities of approximately 50 million yuan, total foreign exchange loss of nearly 40 million yuan.
do, the key is how to do. the amount of foreign exchange derivatives is not much, for this, the aforementioned investment fund research company said, balance sheet may not be fully reflected in everything until the Annual Report to find out the specific situation. commodity trading on derivatives is endless. In fact, in the A-share market, commodity derivatives investment losses more serious than a lot of foreign exchange class.
recent crisis in China Ocean (601 919. SH) .12 16 The China Ocean announced that the company's pre-owned dry bulk buy a certain number of forward freight agreements (FFA), due to the recent dramatic changes in the market, freight rates fell sharply, FFA generate floating loss while as of September 30, the loss has reached 3.95 billion yuan.
FFA buyers and sellers to reach a long-term freight agreement,from this results, the agreement provides for specific routes, price, quantity, etc., the two sides agreed at a future point in time , receive or pay the price based on the BDI and the difference between the contract price of freight from the essence, it is a freight risk management tools, similar to futures. COSCO bullish freight in the future, the capacity is expected to see under tight lock some of the operators of the charter business rental costs in order to achieve hedge.
the previous two years, China Ocean trade has always been plain sailing. According to the 2007 Annual Report, 2007, COSCO FFA fair value in profit or loss of 13.5 billion yuan, 2006 substantial annual increase of 10.5 billion yuan, part of the year has been the delivery gains 1.154 billion yuan, compared with 2006 increased by 9.9 billion of investment income that has been extended to the first half.
12 16 January announcement clearly to China Ocean fall into an awkward position, because the second half of the loss of more than two years before hedging gains.
ocean before in China, Shenzhen Nanshan Power A and several airlines in the original option on the experience even more shocking. Shenzhen Nanshan Power
October 21 announcement that the company on March 12 this year with the United States wholly owned subsidiary of Goldman Sachs Group Co., Ltd. Jie Yun (Singapore) Private companies had entered into options contracts, this contract is divided into two In 2008 March 3 to December 31 of the confirmation, when the two sides provides a floating price higher than the $ 63.5 / barrel, Shenzhen Nanshan Power will receive $ 300,000 in monthly revenue; when the floating price is lower than 63.5 U.S. dollars / barrel and above $ 62 / barrel, Shennan power available per month (floating price -62 $ / bbl)? 0 barrels of income; and when the float price of less than 62 U.S. dollars / barrel, Shenzhen Nanshan Power need to run a monthly paid and outstanding ($ 62 / barrel - floating price)? 0 barrels equivalent in U.S. dollars. The second period is from January 1 next year to October 31, 2010, and gives a rival Fangjie Run's priority in this contract, the benchmark oil price increase over the first three U.S. dollars / barrel.
Obviously, oil prices fell in the gambling Jie Yun, Shenzhen Nanshan Power up in gambling, In March, after a long period of time, Shenzhen Nanshan Power has been making money .10 In late May, the New York Mercantile Exchange, light sweet crude for December delivery futures prices had fallen, and below 62 U.S. dollars, Shenzhen Nanshan Power began to face huge losses now that they have suspended trading, but for breach of contract Shennan power and how to compensate, the two sides are still being worked.
maximization as the goal, not risk minimization. Shennan power did not need more oil, they are more like to win the benefits. Deputy General Manager erhu want to know both sides to discuss the latest results, but no one answered the phone has been in the state.
to fly international flights, it is impossible to evade responsibility. . SH) announced: hedging contracts not currently have any actual cash losses. China Eastern Airlines signed a contract portfolio of options, including three kinds of option trading: buying calls that China Eastern Airlines agreed to a relatively high price, the time required in the future to buy from the counterparty quantitative oil, the right line on the right to choose when the Eastern whether to buy, and the opponent must accept; sell the put option, that China Eastern Airlines to lower the agreed price, the time required in the future to buy from the counterparty quantitative oil, but when the right line on the counterparty the right to choose whether to sell the oil, China Eastern Airlines must accept; sell a call option, that China Eastern Airlines agreed to a higher price, the time required in the future to quantify the counterparty to sell the oil, right on the line when the counterparty has the power to choose whether to buy oil, China Eastern Airlines must accept. Obviously,beijing massage, this is largely to prevent the excessive rise in fuel prices, Air China (601 111 Quotes, Love shares, the main trends) (601111.SH) is also true, but this strategy as oil prices fall begin to lose the two companies have a huge loss.
Orient Securities analyst Zhang Qi expressed, higher oil prices in July, made a set period of time, China Southern Airlines did not do, so Southern successful, but essentially want to hedge. costs, so if oil prices fell sharply, you can not do right, but lose some royalties, so selling a call option or put option is sold,beijing escort, there is a certain speculative.
call option, but can receive the money put options, call options so small airlines, sold more, so it is more dangerous. the disaster area.
Jiangxi Copper (600362 Quotes, Love shares, the main trends) (600362.SH) may be cause for concern. The company has the following three quarterly statements, million, mainly due to the end of futures margin increase. of 170 million yuan.
Obviously, Jiangxi Copper in copper futures on the likely loss of the investment is not small, which means that Jiangxi Copper is likely to do much in the same time, Jiang's Rui copper futures, since Since September copper contract has been held in the huge long positions. this is the seat of Jiangxi Copper, the future remains to be more disclosure of information.
addition, Bao Sheng shares (600,973 market, shares love, the main trends ) (600973.SH) above, there are also copper hedging the company because , love stocks, the main trends) (601899.SH), Shandong Gold (600547 Quotes, Love shares, the main trends) (600547.SH) and other companies are also present in the gold futures positions. raised above the South, told the financial weekly correspondent institution, Shandong Gold in November, there is a transaction behavior, but the financial weekly newspaper reporter made several phone calls Shandong Gold, because phone can not get through and can not get confirmation.
rare winner
Clearly, in the derivatives market , a number of listed companies,shanghai massage, losers, winners rarely. financial weekly newspaper reporter after careful consultation still find a few typical cases.
well-known private sun TBEA (600089 Quotes, Love shares, the main trends) (600089.SH) and Lutai A, hedging are doing well. TBEA main job of the copper futures hedging, financial weekly newspaper reporter called TBEA Investor Relations want to know the specific circumstances, but the investor relations people to likely to buy the high point in hedging losses after the crash, the lesson is likely to help companies avoid the risk of the stock market this year.
Lutai A year's foreign exchange hedging is done quite well. A Finance Ministry said Lutai Zhang said, yuan the following, we will make money and this situation will last until June and July next year. follow-up, and we have done some, but not many, not every situation is good, if you maintain a stable yuan next year, next year should be able to be positive or negative offset, no large-scale losses. internal statistics, in order to count how many profitable, more difficult. According to 2009 estimates the company has signed contracts and contracts (about 50 billion U.S. dollars), to take foreign exchange hedging, forward lock $ 1.987 billion RMB, the average exchange rate of 6.96; lock forward of RMB 600 million euros, the average exchange rate of 9.95 Through this, access to benefit 517 million yuan foreign exchange forward premium, if all goes well, the company will receive in March and April 2009, this 517 million yuan in cash, analysts believe that the thickening of the sum of earnings per share in 2009 income 0.104 yuan.